Was checking prices of the SPG hotels in Shanghai today for a colleague and I can't believe how much this hotel is asking for a night. The location is terrible compared to many of the other better priced Stariott hotels. One would have to be a real fan of the "W" vibe to feel like there is good value from staying at this hotel. The 12 on Hengshan is much better situated as is the ST. R and LMR. Not sure what the value proposition is for this place. I'd expect to see rates drop within the next year.